Crypto mining operations in China are finally feeling the heat from the much-dreaded Coronavirus outbreak as authorities continue to struggle to put a brake on
Chinese Crypto – DCEP Some reports said that China would launch its Digital Currency/Electronic Payments (DCEP) in the month of November. A large domestic finance magazine named Caijing claimed that it would be released at the end of the year 2019 in Shenzhen. But these predictions have proven wrong. The head of the Chinese central …
Coronavirus impact across markets hits China with an 8.2% decrease in its SSE Composite Index on Monday, the biggest fall in five years. The virus has infected
China’s central bank said it will inject 1.2 trillion yuan ($174 billion) worth of liquidity into the markets via reverse repo operations on Monday as its stock markets prepare to reopen amid an outbreak of a new coronavirus. Chinese authorities have pledged to use various monetary policy tools
MicroBT and Canaan have notified customers they would be delaying ASIC deliveries due to the Chinese government’s quarantine of Wuhan following the coronavirus outbreak.